DECISION ANALYSIS The Department of Health is in the process of choosing four hospitals that...
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Accounting
DECISION ANALYSIS
The Department of Health is in the process of choosing four hospitals that will act as COVID-19 facilities. Below are the costs the DOH will incur in selecting these hospitals.
Alternative
S1 = Emergency Use
S2 = Ward Use
S3 = ICU Use
Hospital A (HA)
50,000
35,000
90,000
Hospital B (HB)
35,000
45,000
55,000
Hospital C (HC)
45,000
25,000
60,000
Hospital D (HD)
60,000
45,000
80,000
It was found out that the probability of S1 is 45%, and the probability of S2 is 50%, what would be the decision (Use HA, HB, HC, or HD)________ of DOH and how much is the expected expenses__________ to the health agency if hospital A provides 20% discount, hospital B gives 15% discount, and hospital D offers a 25% discount. Hospital C does give discount because it is a government hospital
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